Sintana treasurer Austin exercises option for 1M shares

Executive Summary

• Sean Austin (Co-Secretary and Treasurer) exercised stock options for 1 million common shares, paying $165,000 to the company.
• Following the exercise, Mr. Austin holds 7,925,000 shares representing 1.43% of the total issued share capital.
• Application has been made for admission to trading on the TSX Venture Exchange and AIM for the new common shares, expected around June 2, 2026.

Key Details

• Exerciser: Sean Austin (Co-Secretary and Treasurer)
• Shares Exercised: 1,000,000 common shares of no par value
• Exercise Price: $0.165 per share
• Proceeds to Company: $165,000
• Post-Exercise Holding (Mr. Austin): 7,925,000 shares (1.43% of total issued)
• Trading Venues: TSX Venture Exchange and AIM (Alternative Investment Market)
• Expected Admission Date: June 2, 2026
• Total Issued Share Capital Post-Admission: 555,582,493 common shares
• Voting Rights: Each common share carries the right to one vote; new shares rank pari passu with existing shares.
• Treasury Shares: Company holds no common shares in treasury.